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Black Diamond, Inc. Message Board

  • tex7779 tex7779 Nov 24, 2009 10:06 AM Flag

    Classic manipulation - welcome to pink sheet prison

    So, someone dumped 100 shares this morning at 09:30 AM for 4.50, below yesterday's close. Clearly, there is some one or others who want to lure unsuspecting holders in selling CLRS at a lower price.

    It just does not make any other sense. If you had CLRS, why would you want to sell only 100 shares ? Even if someone only had 100 shares but felt compelled to sell, maybe they needed lunch money for today, then why not set a limit price at the level where it last traded at or closed at yesterday and that was at 4.60.

    We saw essentially the same thing yesterday, someone intentionally dumped just a few shares in the early AM.

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